insert-headers-and-footers domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6170oxygen domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/internetpages/srec.internetpages.net/wp-includes/functions.php on line 6170Morning! I just finished up a morning bike ride to get in my daily exercise. My doctor said I’m having back spasms so I’m riding my bike instead of lifting weights. Man does it feel good. Anyway, I was thinking about you while I was riding and I have a question.... Do you negotiate your […]
Mortgage rates are the lowest they’ve been in a long time, and those people who are in a position to be able to capitalize on the market conditions and buy a home are facing another challenge: rising mortgage closing fees. In Illinois alone last year, mortgage closing costs rose by 40%. The national average is […]
I’m really excited to tell you about a training webinar I’m hosting in just two days! The training is Thursday and it’s for anyone who is actively negotiating short sales. This includes real estate agents, short sale investors, mortgage brokers, lawyers and loan modification companies. Join me on Thursday, Sept. 2 at 8:30pm Eastern to […]
We’ve hit another record, and not a good one. In July, sales of existing homes plunged to the lowest levels in 15 years, despite super low mortgage rates and bargain home prices. In July, sales fell by more than 27%, marking the largest monthly drop since 1968. Of course, fears in the housing market magnified […]
Knowing when to pull the trigger doesn't have to be complicated. If you know you are getting a good deal then just buy the property, fix it and re-sell it. They key is "buying right." If you follow this formula, can ballpark repairs with some accuracy, and know your exit strategy then chances are you're […]
Here’s a simple question for all of you. If commercial real-estate companies are walking away from mortgages on properties that are now worth less than they paid for them, why shouldn’t homeowners? When homeowners do it, it’s seen as a violation of a business contract. Moreover, the mortgage industry and government then toss in that […]
The troubled housing market is bringing out all sorts of scam artists – people looking to make a quick buck, at the expense of others. Despite tightened lending standards and a greater focus on fraud, the chances of fraud occurring in new mortgages is very high. Interthinx, a California-based company that provides risk mitigation and […]
As most of you know, the Obama Administration last week held meetings to decide, among other things, what to do with Fannie and Freddie. Unfortunately, like so much in life, the best answers aren’t going to be black and white, but gray. ~ josh "This is not a good time to make permanent solutions for […]
We’ve seen it before and here is proof again that the government-sponsored mortgage aid programs are not working. Late last week, the Treasury announced that about 48% of the 1.3 million homeowners who enrolled in the flagship mortgage-relief program since March 2009 are no longer in the program. That represents about 630,000 homeowners who have […]
Wow, we still have a long way to go before this whole housing crisis is striaghtened out. Homeowners are getting desparate, and getting more creative in how they deal with their underwater homes... Even after Freddie Mac and Fannie Mae increased their standards against mortgage fraud, a practice known as “buy and bail” is taking […]
